No nonsense
Preserve capital: this is the first rule; do not forget risks in the pursuit of profit.
Avoid greed: not being greedy makes it easy to gain stable profits.
Control positions: focus on a few assets, avoid full positions, and follow the trend.
Avoid heavy trading: do not over-leverage, do not hold onto losing trades, trade less.
Trading strategy: buy slowly and sell quickly, decide on stop-loss promptly.
Profit and loss insight: money is hard to earn completely but easy to lose entirely.
Stop-loss rule: exit immediately upon hitting the stop-loss, this is the right way.
Long and short perspective: securing profits is safe, both long and short are valid.
Market principles: extremes will reverse, they never change easily.
Wait for opportunities: do not trade without market movement, opportunities are often missed, just seize a portion.
Seek and wait: waiting for opportunities is a hundred times better than seeking them.
Set goals: stop when profit targets are met, energy is limited.
Clarify ownership: stop-loss is self-controlled, profits are given by the market.
Wait quietly for wealth: money comes from waiting, not frequent trading.
Adjust mindset: desires can confuse the mind, trade according to strategy, align knowledge with action.
